The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district
wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and
sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the
same as T7 through T10.

Value Taxable For M&O Purposes

T1

T2

T3

T4

16,053,751

15,535,314

16,053,751

15,535,314

Loss Tothe Additional $10,000 HomesteadExemption

50% of the lossto the Local OptionalPercentage HomesteadExemption

518,437

0

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7

T8

T9

T10

16,053,751

15,535,314

16,053,751

15,535,314

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

067/Eastland

067-904/Gorman ISD

Category

Local Tax Roll Value

2016 WTD Mean Ratio

2016 PTAD Value Estimate

2016 Value Assigned

A. Single-Family Residences

29,099,170

.9509

30,601,714

29,099,170

B. Multi-Family Residences

0

N/A

0

0

C1. Vacant Lots

789,750

N/A

789,750

789,750

C2. Colonia Lots

0

N/A

0

0

D1. Rural Real(Taxable)

3,365,500

.8577

3,923,768

3,365,500

D2. Real Prop Farm & Ranch

2,626,640

N/A

2,626,640

2,626,640

E. Real Prop NonQual Acres

22,232,340

1.0478

21,218,114

22,232,340

F1. Commercial Real

3,487,100

N/A

3,487,100

3,487,100

F2. Industrial Real

1,979,970

N/A

1,979,970

1,979,970

G. Oil, Gas, Minerals

757,370

N/A

757,370

757,370

J. Utilities

40,554,510

1.0071

40,268,603

40,554,510

L1. Commercial Personal

1,286,860

N/A

1,286,860

1,286,860

L2. Industrial Personal

5,819,400

N/A

5,819,400

5,819,400

M. Other Personal

810,800

N/A

810,800

810,800

N. Intangible Personal Prop

0

N/A

0

0

O. Residential Inventory

0

N/A

0

0

S. Special Inventory

0

N/A

0

0

Subtotal

112,809,410

113,570,089

112,809,410

Less Total Deductions

19,447,117

20,220,593

19,447,117

Total Taxable Value

93,362,293

93,349,496

93,362,293 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district
wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and
sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the
same as T7 through T10.

Value Taxable For M&O Purposes

T1

T2

T3

T4

96,334,113

93,362,293

96,334,113

93,362,293

Loss Tothe Additional $10,000 HomesteadExemption

50% of the lossto the Local OptionalPercentage HomesteadExemption

2,971,820

0

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7

T8

T9

T10

96,334,113

93,362,293

96,334,113

93,362,293

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

067-904/Gorman ISD

Category

Local Tax Roll Value

2016 WTD Mean Ratio

2016 PTAD Value Estimate

2016 Value Assigned

A. Single-Family Residences

29,835,250

.9521

31,337,794

29,835,250

B. Multi-Family Residences

0

N/A

0

0

C1. Vacant Lots

1,151,410

N/A

1,151,410

1,151,410

C2. Colonia Lots

0

N/A

0

0

D1. Rural Real(Taxable)

5,740,580

.9114

6,298,848

5,740,580

D2. Real Prop Farm & Ranch

3,239,050

N/A

3,239,050

3,239,050

E. Real Prop NonQual Acres

28,820,091

1.0365

27,805,865

28,820,091

F1. Commercial Real

3,506,690

N/A

3,506,690

3,506,690

F2. Industrial Real

2,184,020

N/A

2,184,020

2,184,020

G. Oil, Gas, Minerals

978,254

N/A

978,254

978,254

J. Utilities

43,811,050

1.0066

43,525,143

43,811,050

L1. Commercial Personal

1,369,890

N/A

1,369,890

1,369,890

L2. Industrial Personal

8,493,780

N/A

8,493,780

8,493,780

M. Other Personal

1,080,400

N/A

1,080,400

1,080,400

N. Intangible Personal Prop

0

N/A

0

0

O. Residential Inventory

0

N/A

0

0

S. Special Inventory

0

N/A

0

0

Subtotal

130,210,465

130,971,144

130,210,465

Less Total Deductions

21,312,858

22,086,334

21,312,858

Total Taxable Value

108,897,607

108,884,810

108,897,607 T2

The taxable values shown here will not match the values reported by your appraisal district

HB855 Browser Statement

In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.